reserve price in English

noun
1
the price stipulated as the lowest acceptable by the seller for an item sold at auction.
Sellers choose the duration of the auction and a reserve price - the lowest price they'll accept - that is kept secret.

Use "reserve price" in a sentence

Below are sample sentences containing the word "reserve price" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "reserve price", or refer to the context using the word "reserve price" in the English Dictionary.

1. Pst is the reserve price for the within-day standard capacity product;

2. Pst, i is the reserve price for a given unbundled standard capacity product at interconnection point ;

3. 28 The sale will be made to the highest bidder subject to a reserve price being attained.

4. Buy in definition: to buy back for the owner (an item in an auction ) at or below the reserve price Meaning, pronunciation, translations and examples

5. The most recent recommended reserve price will be taken as the provisional price for liberalisation of administratively allocated spectrum where auction determined price is not available.

6. If someone makes a Bid on an auction-style listing, and then retracts that Bid, they could gain an unfair advantage – maybe by discovering a reserve price, or where another Bidder's maximum Bid stands